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(MOL) Meghmani Organics complete technical analysis [charts+indicators] | Buy/Sell Meghmani Organics | (MOL) share price targets

Complete technical analysis of Meghmani Organics (MOL) by charts plus indicators, forecast predictions and share price targets for Meghmani Organics (MOL)

Showing technical analysis as on 2024-02-08 View latest technical analysis

10 day averaged volume of Meghmani Organics is 2950687

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	83.80	85.60	85.70	83.25	0.334 times
07 Wed Feb 2024	85.10	86.70	87.50	84.70	0.374 times
06 Tue Feb 2024	85.80	86.15	87.25	85.05	0.418 times
05 Mon Feb 2024	86.20	89.85	89.85	85.70	0.791 times
02 Fri Feb 2024	89.55	87.70	91.70	85.65	1.445 times
01 Thu Feb 2024	87.10	88.00	89.50	86.00	1.119 times
31 Wed Jan 2024	87.15	80.00	88.95	79.95	3.321 times
30 Tue Jan 2024	81.55	85.10	85.90	80.65	1.494 times
29 Mon Jan 2024	84.65	85.50	86.10	84.40	0.475 times
25 Thu Jan 2024	84.80	83.25	85.65	83.20	0.29 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 83.5 as stoploss in an intra day buy trade for a target of 85.31. However, stock will show a bearish move below 83.5.

Share price targets for Meghmani Organics (MOL)

Target Type	Value
Downside Target	71.90
Downside Target	74.10
Downside Target	77.80
Upside Target	85.15
Upside Target	87.90
Upside Target	89.35
Upside Target	89.85
Upside Target	91.25
Upside Target	91.70
Upside Target	93.90

Intraday share price targets for Meghmani Organics (MOL)

Target Type	Value
Downside Intraday Target	81.42
Downside Intraday Target	79.03
Upside Intraday Target	88.02
Upside Intraday Target	92.23
Upside Intraday Target	85.63

Weekly technical analysis of Meghmani Organics (MOL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	83.80	89.85	89.85	83.25	0.244 times
02 Fri Feb 2024	89.55	85.50	91.70	79.95	5.572 times
25 Thu Jan 2024	84.80	84.95	87.90	82.00	0.592 times
19 Fri Jan 2024	84.55	86.00	89.35	80.70	0.901 times
12 Fri Jan 2024	85.60	89.55	91.25	85.15	0.209 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Meghmani Organics (MOL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	83.80	88.00	91.70	83.25	0.184 times
31 Wed Jan 2024	87.15	77.80	93.90	77.80	3.078 times
29 Fri Dec 2023	77.80	76.00	82.40	74.10	1.856 times
30 Thu Nov 2023	75.60	73.90	78.65	71.95	0.939 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Meghmani Organics (MOL)

Price action analysis of Meghmani Organics ( (MOL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Meghmani Organics ( (MOL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Meghmani Organics ( (MOL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Meghmani Organics ( (MOL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Meghmani Organics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Meghmani Organics in short term but the sell signal is initial and weak.

Meghmani Organics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Meghmani Organics in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Meghmani Organics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.15 and Meghmani Organics (MOL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Meghmani Organics (MOL) stock. Volume based technical analysis of Meghmani Organics (MOL) stock is negative.

Meghmani Organics Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.